Former UBS Employee, Georg Marti, Involves Raoul Weil in Client Meetings in the US

Former UBS Employee, Georg Marti, Involves Raoul Weil in Client Meetings in the US

On Tuesday and Wednesday, Georg Marti, a former UBS employee, appeared in court in the federal court in Florida and asserts that he conducted meetings with US clients on US soil with Raoul Weil. Georg Marti was a relationship manager based in Zuerich at that time.

Georg Marti resigned the day Martin Liechti, then head of wealth management America, was arrested in the US. After a couple of meeting with the US Department of Justice (DoJ) and the Internal Revenue Services (IRS), Georg Marti accepted to cooperate and received on October 15, 2014, a non-prosecution agreement.

According to Le Temps Georg Marti mentioned that he and his colleagues had to breach the rules in order to reach their targets.